Dividend Advisor Hotline – Friday, May 14, 2021

ALGONQUIN POWER & UTILITIES CORP., $18.60, Toronto symbol AQN, is a buy.

Algonquin has two main businesses: the Regulated Services Group provides regulated electricity, gas, water distribution and wastewater collection services to 1.9 million customers in Canada, the U.S., Chile and Bermuda; and the Renewable Power… Read More

Updating your Income-Growth Payers: Fortis

FORTIS INC. $49 is a buy. The company (Toronto symbol FTS; Income-Growth Portfolio, Utilities sector; Shares outstanding: 466.8 million; Market cap: $22.9 billion; Dividend yield 4.1%; Dividend Sustainability Rating: Highest; www.fortisinc.com) is the main power utility in Newfoundland and PEI. It also owns electrical utilities in other parts of… Read More

5 top Canadian dividend stocks to invest in

5 top Canadian dividend stocks to invest in

Here are 5 Canadian dividend stocks we recommend holding in your portfolio during and after COVID-19
One of the key points in our three-part investment advice is to invest mainly in well-established dividend-paying stocks. The COVID-19 pandemic and the downturn it spurred in March 2020 highlight… Read More

Green shift will power up their dividends

These two utilities are investing heavily in new green-power projects. The initiatives will help to better attract institutional investors, who are more and more environmentally conscious. The extra cash flow from their green projects will also let them push up dividends for investors.
FORTIS INC. $53… Read More